Third-Party Logistics (3PL) in Australia: A Comprehensive Market Outlook to 2029 [Yahoo! Finance]
NIPPON YUSEN KBSHKI S/ADR (NPNYY)
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Source: Yahoo! Finance
Poor infrastructure and higher logistics costs are hampering further growth. Dublin, Dec. 06, 2024 (GLOBE NEWSWIRE) -- The "Australia 3PL - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's offering. The Australia 3PL Market size is estimated at USD 16.13 billion in 2024, and is expected to reach USD 20.60 billion by 2029, growing at a CAGR of 5.01% during the forecast period (2024-2029). The market is highly fragmented, with large companies claiming significant market share. An increase in demand for an easy and effective supply chain system and an increase in the complexities in the operation process drive the growth of the 3PL market. In addition, players in the market expand their businesses through mergers, acquisitions, strategic partnerships, and services to meet customer needs. The major companies in the country have adopted various modern technologies, such as warehousing management sys
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